Invesco QQQ $QQQ Shares Purchased by Bank Hapoalim BM

Bank Hapoalim BM raised its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 48.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 125,908 shares of the exchange traded fund’s stock after purchasing an additional 41,256 shares during the quarter. Invesco QQQ comprises approximately 9.3% of Bank Hapoalim BM’s holdings, making the stock its 2nd biggest holding. Bank Hapoalim BM’s holdings in Invesco QQQ were worth $75,591,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares during the period. Revolve Wealth Partners LLC boosted its position in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after purchasing an additional 176 shares during the period. Financiere des Professionnels Fonds d investissement inc. increased its holdings in Invesco QQQ by 1.4% in the 2nd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 74,750 shares of the exchange traded fund’s stock valued at $41,235,000 after purchasing an additional 1,000 shares in the last quarter. Jupiter Wealth Management LLC purchased a new position in Invesco QQQ in the second quarter valued at about $290,000. Finally, Kapstone Financial Advisors LLC lifted its stake in shares of Invesco QQQ by 3.9% during the second quarter. Kapstone Financial Advisors LLC now owns 5,970 shares of the exchange traded fund’s stock worth $3,293,000 after purchasing an additional 223 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.1%

Shares of NASDAQ:QQQ opened at $621.26 on Friday. The company has a 50 day moving average of $616.40 and a two-hundred day moving average of $595.76. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a $0.7941 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%.

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Invesco QQQ Profile

(Free Report)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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